Oil and Gas
ExxonMobil to halt employee savings plan match to cut costs
U.S. oil supermajor ExxonMobil will start suspending the employer match to the retirement savings plans of its employees in October,...
NPA pilots CRM in Jomoro with 3,983 cylinders
The National Petroleum Authority (NPA), has launched a pilot implementation of government’s cylinder recirculation model (CRM) at Jomoro in the...
NPA pilots CRM in Jomoro with 3,983 cylinders
The National Petroleum Authority (NPA), has launched a pilot implementation of government’s cylinder recirculation model (CRM) at Jomoro in the...
Half year return on petroleum funds declines
Amid the novel coronavirus, returns on Ghana’s petroleum funds has declined by 23.48 percent for the first half of 2020...
PIAC proposes amendment to Petroleum Revenue Management Act
The Public Interest and Accountability Committee (PIAC) has recommended an amendment to the Petroleum Revenue Management Act (PRMA) to remove...
COVID-19: GNPC suspends new exploration activities
The Ghana National Petroleum Corporation (GNPC) has suspended new oil exploration activities which had been planned for this year, to...
Revision of Ghana Petroleum Funds investments underway
After a decade of earning paltry interest yields on the investment of its petroleum funds, Ghana is finally taking steps...
Ghana’s doubles its Gas production
In 2019, gas production witnessed its greatest boost since the inception of natural gas production in Ghana with a total...
Oil prices slide as EIA confirms crude inventory build
The Energy Information Administration reported a 1.4-million-barrel increase in crude oil inventories for the week to June 19, with fuel inventories booking...
New PIAC report reveals major mis-use of petroleum revenues
The latest annual report of the Public Interest and Accountability Committee – the statutory body established to monitor petroleum sector...
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